RGTI Earnings: Rigetti Computing Stock Drops after Revenue Miss

FomoAnxiety · 2026-03-04T21:15:55+00:00

Rigetti Computing reported fourth-quarter earnings with a per-share loss of -$0.03, matching expectations. Revenue fell 17.6% year-over-year to $1.87 million, missing the $2.33 million forecast. Analysts maintain a Moderate Buy rating with significant upside potential.

FomoAnxiety

2026-03-04 21:15:55

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Shares of Rigetti Computing RGTI +3.89% ▲ fell in after-hours trading after the quantum computing company reported earnings for its fourth quarter of Fiscal Year 2025. Earnings per share came in at -$0.03, which was in line with analysts’ consensus estimate of -$0.03 per share.

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In addition, sales decreased by 17.6% year-over-year, with revenue hitting $1.87 million. This missed analysts’ expectations of $2.33 million.

Is RGTI Stock a Good Buy?

Turning to Wall Street, analysts have a Moderate Buy consensus rating on RGTI stock based on 13 Buys, seven Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average RGTI price target of $39 per share implies 117.8% upside potential. However, it’s worth noting that estimates will likely change following today’s earnings report.

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